Is Westport, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westport is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Westport has remained a Seller's Market.

Key Takeaway

Westport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Westport, MO

How much do homes in Westport, MO cost?

Median Sold Price

$140,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,600(+10.7%)

Key Takeaway

Homes in Westport have sold for 10.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$50K
N/A
2 $96.5K$119.5K
+23.8%
3 $152.5K$169K
+10.8%
4 $115K$189.9K
+65.1%
5+ --
N/A

Summary: Westport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 65.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Fairfield Acres / Bissett
+12.1%
Westport
+10.7%
Study / Zagonyi
+1.9%

Housing Supply in Westport, MO

How many homes are available in Westport, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2219-13.6%

Summary: The Westport real estate market had 19 homes for sale in April 2024, a 13.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 139
-30.8%
4 10
-100.0%
5+ 00
0.0%

Summary: The Westport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westport, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Westport in April 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Westport, MO

How long does it take to sell a home in Westport, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days31 Days+76.6%

Summary: Homes in Westport had an average of 31 days on market in Apr 2024, up by 76.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Westport has remained consistent over time.

Summary: During April 2024, 5 homes were sold in Westport; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Westport, MO

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